No Touchdowns for Financial Maturity Among NFL Players

The average career of a National Football League (NFL) player is slightly more than three years. In those years, the average earnings is about $4 million after taxes. Despite this impressive amount in a relatively short amount of time, 78% of all former NFL players are bankrupt or nearly so within three years of ending... Continue Reading →

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The Getty Kidnapping: How Much is a Grandson’s Life Worth?

  Jean Paul Getty (1892-1976) was one of the wealthiest man in the world. In 1966 the Guinness Book of Records named him as the wealthiest man on the planet with a fortune of $1.2 billion ($9.1 billion in 2017). He earned his fortune in the oil business, and in 1996 The Wealthy 100 ranked him as the 67th... Continue Reading →

Benjamin Franklin and the Bequest Made From a Dare

Benjamin Franklin (1706-1790) has been credited with calling compound interest the eighth wonder of the world. Whether he actually said that is a matter of debate, but the fact that he believed it is undisputed. When Charles-Joseph Mathon de la Cour wrote a parody of Franklin’s Almanac called Fortunate Richard, he attempted to make fun... Continue Reading →

Tooth Fairy Budget Grows by an Arm and a Leg

Where does the Tooth Fairy get all that money she leaves under children's pillows? The original source of that wealth remains a mystery, but the evidence suggests that she keeps it invested in the U.S. stock market. Delta Dental has tracked Tooth Fairy payouts since 1998. The results show an uncanny correlation with the S&P... Continue Reading →

The Ultimate Rental House Fixer-Upper

As President Harry Truman's daughter, Margaret, played the piano one day, she was startled as one leg of the piano suddenly dropped through the floor of the White House residential level. Engineers were called in to see what was going on, and the report was nothing short of alarming. The 150-year-old mansion was in desperate... Continue Reading →

Banking on a Good Investment Return

Ida May Fuller (1874-1975) was the first recipient of United States Social Security benefits. Her first check arrived on January 31, 1940 and totaled $22.54. That was a pretty good deal for her, considering that she retired after having paid in only three years of payroll taxes, totaling $24.75. Mrs. Fuller lived for another 35... Continue Reading →

Presidential (Autograph) Price Controls

President John F. Kennedy was one of the best known humorists to occupy the White House, and he rarely missed a chance to employ humor. In 1961 New York Post columnist Leonard Lyons wrote to the President and informed that a JFK signature was then selling for $75, while George Washington’s was priced at $175. Lyons received the... Continue Reading →

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